How to justify the price increase of a product


Question: In order to justify the price increase of a product, your primary objective should be to: (choose the best answer) A. Improve the value experienced by the customer. B. Add more features to make the product more attractive. C. Reduce the number of features to make the product easier to use. D. Reduce the price for a period of time before increasing it above the original price.

 

 

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Marketing Management: How to justify the price increase of a product
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